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What is the break-even selling price

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Lowes Farm Supply paid $68 for a large bag of fertilizer. Expenses are 23% of cost and the profit is 14% of cost. Round the answers to the nearest cent if necessary.

Problem 1) What is the regular selling price?

Problem 2) To help clear inventory, the fertilizer was sold at break-even during a sale. What is the break-even selling price?

Reference no: EM132970438

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